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Deutsche EuroShop AG (XTER:DEQ) Cyclically Adjusted PB Ratio : 0.49 (As of Apr. 30, 2024)


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What is Deutsche EuroShop AG Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Deutsche EuroShop AG's current share price is €18.92. Deutsche EuroShop AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €38.30. Deutsche EuroShop AG's Cyclically Adjusted PB Ratio for today is 0.49.

The historical rank and industry rank for Deutsche EuroShop AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

XTER:DEQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.6   Max: 1.19
Current: 0.5

During the past years, Deutsche EuroShop AG's highest Cyclically Adjusted PB Ratio was 1.19. The lowest was 0.30. And the median was 0.60.

XTER:DEQ's Cyclically Adjusted PB Ratio is ranked better than
59.28% of 1299 companies
in the Real Estate industry
Industry Median: 0.66 vs XTER:DEQ: 0.50

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Deutsche EuroShop AG's adjusted book value per share data for the three months ended in Dec. 2023 was €27.724. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €38.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deutsche EuroShop AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deutsche EuroShop AG's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Deutsche EuroShop AG Cyclically Adjusted PB Ratio Chart

Deutsche EuroShop AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.58 0.43 0.59 0.59

Deutsche EuroShop AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.50 0.55 0.47 0.59

Competitive Comparison of Deutsche EuroShop AG's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Deutsche EuroShop AG's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Deutsche EuroShop AG's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Deutsche EuroShop AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Deutsche EuroShop AG's Cyclically Adjusted PB Ratio falls into.



Deutsche EuroShop AG Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Deutsche EuroShop AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.92/38.3
=0.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Deutsche EuroShop AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Deutsche EuroShop AG's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=27.724/123.6675*123.6675
=27.724

Current CPI (Dec. 2023) = 123.6675.

Deutsche EuroShop AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 26.526 99.543 32.955
201406 25.648 99.543 31.864
201409 26.026 99.823 32.243
201412 27.925 99.543 34.693
201503 28.336 99.717 35.142
201506 27.643 100.417 34.044
201509 28.054 100.417 34.550
201512 32.386 99.717 40.165
201603 32.773 100.017 40.523
201606 31.851 100.717 39.109
201609 32.277 101.017 39.514
201612 35.102 101.217 42.888
201703 35.696 101.417 43.528
201706 34.829 102.117 42.179
201709 35.303 102.717 42.503
201712 35.787 102.617 43.128
201803 36.294 102.917 43.612
201806 35.259 104.017 41.920
201809 35.719 104.718 42.183
201812 35.665 104.217 42.321
201903 36.277 104.217 43.047
201906 35.214 105.718 41.193
201909 35.684 106.018 41.625
201912 35.982 105.818 42.052
202003 36.453 105.718 42.642
202006 33.964 106.618 39.395
202009 34.363 105.818 40.160
202012 32.042 105.518 37.553
202103 32.369 107.518 37.231
202106 32.577 108.486 37.136
202109 32.714 109.435 36.969
202112 32.996 110.384 36.967
202203 33.465 113.968 36.313
202206 33.869 115.760 36.182
202209 33.244 118.818 34.601
202212 32.570 119.345 33.750
202303 31.084 122.402 31.405
202306 31.235 123.140 31.369
202309 29.147 124.195 29.023
202312 27.724 123.668 27.724

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Deutsche EuroShop AG  (XTER:DEQ) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Deutsche EuroShop AG Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Deutsche EuroShop AG's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Deutsche EuroShop AG (XTER:DEQ) Business Description

Traded in Other Exchanges
Address
Heegbarg 36, Hamburg, DEU, 22391
Deutsche EuroShop AG is a German real estate investment firm that invests in shopping centers. The company's properties are mostly located in Germany, with the remainder in Austria, Poland, Hungary, and the Czech Republic. The company generates revenue from leasing properties to tenants, which include general retailers, consumer electronics retailers, and fashion and accessories stores. Deutsche EuroShop operates through two geographical segments: domestic, which contributes the majority of consolidated revenue, and international.
Executives
Hans-peter Kneip Board of Directors

Deutsche EuroShop AG (XTER:DEQ) Headlines

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